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20121224
20121224
Search Results 0 to 10 of about 11
's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were go
. a rocket launch in north korea had the capability to travel 6,000 miles, one could conceivably reach the u.s. that's the assessment of three officials in south korea's defense ministry based on assessment of a part they recovered from one of the rockets. it shows the nuclear neighbor's intent. >>> president obama has not even nominated former senator chuck hagel as his choice for secretary of defense, but haggle taking heat over his past positions on iran and 2007 interview when he said "jewish loe lobby intimidated lawmakers." >> i would have serious questions to ask him, not just about israel, but to me the most significant foreign policy challenge for president obama and our world is iran. nuclear weapons program. chuck hagel has had some very outlying votes on that. >> i don't think he's going to get many republican votes. i like chuck, but his positions, i really didn't know all of them, frankly well out of the main street and to left of the president. >> he is the subject of a new ad opposing his nomination as defense secretary. dana, what do you think? he might not sail through like j
. "starting point" begins right now. >> and our "starting point," a u.s. contractor in kabul gunned down and killed this morning by a woman wearing an afghan police uniform. it happened inside kabul's police headquarters. the latest in a string of suspected green on blue attacks that are hitting morale and eroding trust in allies there. our pentagon correspond respondent barbara starr up early for us working her sources. joins us live from washington with more. >> good morning, alina. in the last few minutes, our nato sources are confirming privately that, indeed, it was an american citizen. a contractor shot and killed by a woman, an afghan woman in a police uniform inside kabul police headquarters. what is not known at this point or they are not saying, whether this woman was an afghan police officer or came into possession of the uniform, stole it. we have seen these kinds of incidents before. people have infiltrated in, may have taliban loyalties, may be other issues at work here. they have seen grudges in the past being enacted upon. so not a lot of detail yet. but this whole issue
's been a gang buster year for the markets. unfortunately, the average u.s. investor out there has largely been on the sidelines. money in bonds, money into money market funds continuing to flow in the month of november. unfortunately, even as we do see a very, very good year for the stock market, not many investors are really taking part in this. >> i think we saw finally an outflow for bond funds in well over a year last week. that has been a rarity. we've warned many of our viewers, be careful of the duration risk. we're going into another year where many people are at least saying, okay, is the rally over? the 30-year rally in bonds, is it over? if it is, what is it going to mean? we've had people saying that the last three years. everybody's best trade was to short the long bond. it ended up being one of the worst trades you could make the last couple of years. >> in terms of being careful, speaking of being careful, today will be light volume, shortened session, but light volume. who knows what that could lead to. if you wanted bury bad news, christmas eve is the perfect day to do it
jobs by the hundreds of thousands in the 1960s and early '70s, the largest industrial cluster in the u.s. in the 1950s was not automobile production in detroit, it was garment production in new york city, and that sector was decimated by globalization and new technology. the city had been caught in a spiral of disorder, rising crime rates, racial conflict just like here in boston, and the fiscal situation had gotten out of control with budgets that were far too high for the city to afford. it looked as if new york was going to go back to the weeds, right? this is an image of jimmy carter wandering through the wasteland that the south bronx had become, and it really seemed as if the planet of the apes image of the statue of liberty rising from the sand, that that was plausible. that, in fact, these cities were things, you know, whose time had come and gone. in part, the future of the city seemed so dim because their original reasons for being had largely disappeared. if you think about every one of america's older, colder cities, they were all part of solving a transportation problem. the
in a ruling in 1876. that was u.s. versus cookshank, which arose out of a horrible massacre. one of the worst in the reconstruction period, where a whole -- hundreds or more, blacks, had tried to defend themselves in louisiana, and were attacked by a white crowd, and the federal government attempted to prosecute the attackers. on the grounds they had deprived the blacks who were killed of their right -- >> amend. >> guest: -- the supreme court didn't find that was the case. it said at that time we don't see there was any racial motivation at all here to deprive blacks of their rights specifically, and in a kind of aside, the ruling said that the right to keep and bear arms in the second amendment was not a right granted by the constitution. it was a preexisting right. and so if there was any application, courts alert extended from that to say if it was depriving anybody, it was the federal government. so i was a limitation on the federal government. >> host: that's how most of the bill of rights is interpreted by the courts. only applied the federal government unless it was specifically inco
of the united states to tell every u.s. attorney if you catch a drug dealer on the street with a gun, prosecute him and take him off the street, violent felon, violent criminal, take him off the street. >> so there's no new gun regulation you would support? >> this is what would work. >> i'm asking you a drirect question. is there any enough drug regulation you would support? after the debates of the 90s and today, could we make the assault weapon ban better -- >> you want one more law on top of 20,000 laws when most of the federal gun laws we don't even enforce. if every u.s. attorney would do only ten cases a month that, would be 12,000 cases. if they would do 20 a month, it would be 24,000 cases. that would get the worst people in the country that are killing people off the street. right now, david, do you know how many cases we're doing in the whole country on prosecutingnd all the federal gun laws? take a guess. take a guess. >> you tell me. >> 6,000. it's pitiful. and the drug dealers and the gangs and the criminals know it and they go about their business and there are 25,000 violent cri
water quality and meet demand. new york is the most densely populated city in the u.s. and over 40 million tourists visit the city every year. the 1.3 billion gallons of water required every day are delivered by a system of extraordinary scale and complex engineering. man: water is essential to the economic viability of new york city. reliable infrastructure and reliable delivery of water is a must.
texas the base is home to the 341st squadron. >> produce train and produce handlers and dogs. >> u.s. army first class casey stevens is core chief of the dog training school. >> i love too see them evolve from knowing nothing to do what they are able to do overseas and law enforcement. 0 to hero in 127 days. >> they have a long and storied history on serving on the battlefield. during world war ii the military officially began training dogs to fight. k-9 and handler teams continue to train and defend at home and overseas. nearly 3,000 doings currently work for the military. >> we train the dogs to detect explosives and narcotics, building searching, scouting, looking for someone in an open field possibly a missing child or a suspect of a crime. >> right now we are doing training where the dogs are approximately day 25 in training. the dog's job is to go find it so when they do find it we give them a -- (inaudible). >> they think it's a game. they really try hard. >> they may look fearful but they are intense fierce creatures. their noses can de ticket 100 times better than human part
the fundamentals of a pretty good economy in the u.s. if we don't do things that are self-inflicted but that's what we're doing. >> right. ultimately that is what we're faced with. we're faced with fiscal forces that could undo a lot of that. but rick makes a good point with the volatility. we were voting on t.a.r.p. which would produce liquidity for the market. we have the backdrop of that. so i think these initial bursts, you know, they're not going to be as volatile as that time period but i still think we could pick up steam. look, ultimately if we start a trend lower, we saw volatility after the presidential election. we saw what happened, a thousand points came off the dow at a very short period of time. i think people are being lulled into complacency starting to think, well, we don't have that. it is not like it was. it could very well be very quickly. so again, i'm not trying to cry wolf. what i'm trying to say is people should be prepared. selling is not this evil thing. this protection, making sure they have levels at which they would get out. >> craig hodges, you are buying what you per
and the first lady attended the holiday memorial service for the late u.s. senator from daniel inouye. >> white house correspondent kristen welker. kristen, obviously they always say the white house travels with the president wherever he is. that's where the white house is. the president, though, is enjoying vacation, but still continuing to keep tabs on the fiscal cliff negotiations, correct? >> he is. white house officials describe this as a working vacation. i think there have been maybe a few conversations at the staff level about the fiscal cliff, but the reality is, thomas, the negotiations have largely stalled. you remember president obama on friday urging lawmakers to take this time off to really cool off, come back later this week with a appreciate perspective. i think you're going to see the hard work, the real negotiations resume when lawmakers go back into session after the christmas holiday. now, last week it seemed as though president obama, house speaker john boehner were close to getting some sort of a grand bargain that would have addressed tax reform as well as deficit reducti
Search Results 0 to 10 of about 11